"The "Asian crisis" is nothing more than a well publicized bump in the road. Number me among the bulls."
Robert,
Very sorry to be pulling up your old quotes AGAIN! I happen to follow semiconductors (I believe a lot of Asia Forum followers are into techs) and I remembered you posted a bullish statement on some related thread. Well I looked it up, and it was on the Cymer thread. You posted the above four months ago. And just recently, I recall a post from you, on this thread, concerning your plans to actually short the greenback!
So it appears, between four months ago and today, you have developed some grave concerns about US economy and equities markets.
I think you are most concerned about our current account deficit getting out of hand and doing damage to the greenback. Seems to me, as long as foreigners want to finance our debt, we can keep on buying for a long time. But let me ask you a specific question regarding this. Do you see something on the horizon that indicates investment flows, to the US from foreign countries, is slackening?
Thanks,
MikeM(From Florida) |
